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Flow Blockchain Demonstrates Resilience Amid Global Decline in NFT Interest

Katie Lin

Summary: The Flow (FLOW) blockchain demonstrated impressive resilience during the second quarter of 2023. According to DefiLlama data, NFT volume had dropped to its lowest point in two years. However, a report by Dappradar revealed that Flow's daily unique active wallets grew by 1.5%, reaching an average of 13,169 during Q2 of 2023. Notably, NBA Top ...

The Flow (FLOW) blockchain demonstrated impressive resilience during the second quarter of 2023. According to DefiLlama data, NFT volume had dropped to its lowest point in two years. However, a report by Dappradar revealed that Flow's daily unique active wallets grew by 1.5%, reaching an average of 13,169 during Q2 of 2023. Notably, NBA Top Shot and NFL All Day emerged as leading NFT marketplaces on the Flow platform. Despite the decline in NFT sales, Flow continued to exhibit growth and adaptability throughout 2023.

Author: Katie Lin

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